Wise-USD - Revision history

Strayorigin: Add screenshot for account setup section. Sources and related content.

2025-04-23T15:49:12Z

Add screenshot for account setup section. Sources and related content.

Strayorigin at 04:19, 17 April 2025

2025-04-17T04:19:31Z

Strayorigin: Cleanup page: Add v1 context, restructure sections, clarify limits/fees/restrictions (note Wise's own limits apply), improve setup/trading steps & warnings, fix typos & links.

2025-04-17T04:10:57Z

Cleanup page: Add v1 context, restructure sections, clarify limits/fees/restrictions (note Wise's own limits apply), improve setup/trading steps & warnings, fix typos & links.

Show changes

Strayorigin: replaced the max btc limit value with macro {{MaxTradeSizeBisq1}}

2025-01-31T01:51:54Z

replaced the max btc limit value with macro {{MaxTradeSizeBisq1}}

Strayorigin: changed max trade amount per approved proposal #467

2025-01-26T20:05:38Z

changed max trade amount per approved proposal #467

Strayorigin: changed references from TransferWise to Wise, as it's been rebranded and reflected in Bisq this way

2024-12-19T05:27:02Z

changed references from TransferWise to Wise, as it's been rebranded and reflected in Bisq this way

Strayorigin: Strayorigin moved page TransferWise-USD to Wise-USD: TransferWise has been rebranded a while ago and has been listed as Wise in Bisq for sometime now.

2024-12-19T05:22:30Z

Strayorigin moved page TransferWise-USD to Wise-USD: TransferWise has been rebranded a while ago and has been listed as Wise in Bisq for sometime now.

Pazza: /* What is the maximum BTC limit for an TransferWise-USD trade? */

2024-06-16T18:34:27Z

What is the maximum BTC limit for an TransferWise-USD trade?

Pazza: /* Are there any fees for me to be aware of when using my TransferWise-USD account? */

2021-11-22T22:53:01Z

Are there any fees for me to be aware of when using my TransferWise-USD account?

Pazza: /* Are there any limits for me to be aware of when using my TransferWise-USD account? */

2021-11-22T22:52:02Z

Are there any limits for me to be aware of when using my TransferWise-USD account?

@@ Line 34: / Line 34: @@
 # (Optional) Add a custom '''Account Name''' visible only to you (e.g., "Wise-USD - John Doe") for easier management if you have multiple accounts.
 # Click '''Save New Account'''.
 {{Admonition_Warn|Ensure the details entered in Bisq exactly match your Wise account information. Mismatches can lead to failed trades or disputes.}}

@@ Line 40: / Line 40: @@
 === Buying BTC with Wise-USD ===
-.  Make or take an offer to buy BTC on the USD market using Wise-USD.
+Follow these steps carefully when buying BTC:
-.  Once the trade starts and the deposit confirms, view the seller's Wise-USD details (usually their registered email address) in the Bisq trade screen.
+# Make or take an offer to buy BTC on the USD market using Wise-USD.
-.  Log in to your Wise account (app or website) and send the exact USD payment amount to the seller's details '''only as provided in Bisq'''.
+# Once the trade starts and the deposit confirms, view the seller's Wise-USD details (usually their registered email address) in the Bisq trade screen.
-.  '''Payment Reference/Description:''' Leave the payment reference/description field '''blank''' when sending via Wise. If Wise forces you to enter something, use only your name as registered on your Wise account (which the seller already sees). '''Do not add any other text''' (like "Bisq", "BTC", trade IDs, or unrelated notes).
+# Log in to your Wise account (app or website) and send the exact USD payment amount to the seller's details '''only as provided in Bisq'''.
-.  After sending the payment via Wise, click the '''Payment started''' button in Bisq.
+# '''Important - Payment Reference:''' When sending via Wise, leave the payment reference/description field '''blank'''. If Wise requires an entry, use '''only''' your exact name as registered on your Wise account. Do '''not''' add any other text (e.g., "Bisq", "BTC", trade IDs, order details, etc.).
 === Selling BTC with Wise-USD ===
-.  Make or take an offer to sell BTC on the USD market using Wise-USD.
+Follow these steps carefully when selling BTC:
-.  Once the trade starts and the deposit confirms, the buyer will see your Wise-USD details (from the account you added in Bisq).
+# Make or take an offer to sell BTC on the USD market using Wise-USD.
-.  Wait for the buyer to send the payment via Wise and click "Payment started" in Bisq.
+# Once the trade starts and the deposit confirms, the buyer will see your Wise-USD details (from the account you added in Bisq).
-.  Log in to your Wise account and '''verify''' you have received the correct USD amount.
+# Wait for the buyer to send the payment via Wise and click "Payment started" in Bisq.
-.  '''Crucially, verify the payment came from a sender whose name matches the BTC Buyer's name''' shown in the Bisq trade details.
+# Log in to your Wise account and '''verify''' you have received the '''correct USD amount'''.
-{{Admonition_Warn|Do not confirm payment if the sender's name does not match the buyer's details in Bisq. Open dispute resolution if there is a mismatch.}}
+# '''Verify Sender Name:''' Check that the payment came from a sender whose name '''exactly matches''' the BTC Buyer's name shown in the Bisq trade details. {{Admonition_Warn|If the names do '''not''' match, do '''not''' confirm the payment. Open [[Dispute_Resolution_in_Bisq_1|dispute resolution]] immediately.}}
-.  Once payment amount and sender name are verified, click '''Confirm payment receipt''' in Bisq to release the BTC.
+# Once '''both''' the payment amount and sender name are verified correct, click '''Confirm payment receipt''' in Bisq to release the BTC.
 == Dispute Resolution ==

@@ Line 28: / Line 28: @@
 == What is the maximum BTC limit for an Wise-USD trade? ==
-.0625 BTC.
+{{MaxTradeSizeBisq1}}.
 == Is Wise-USD a payment method that can be signed? ==

@@ Line 28: / Line 28: @@
 == What is the maximum BTC limit for an Wise-USD trade? ==
-.125 BTC.
+.0625 BTC.
 == Is Wise-USD a payment method that can be signed? ==

@@ Line 1: / Line 1: @@
-'''TransferWise-USD''' is a payment method added in Bisq v1.8.0
+'''Wise-USD''' (formally TransferWise-USD) is a payment method added in Bisq v1.8.0
-TransferWise is a web- and app-based money transfer service that supports multiple currencies. TransferWise to TransferWise payments allow users to send payment from any supported currency to any other supported currency. Payments utilize the TransferWise multi-currency account. This is available for users in most countries. [[TransferWise]] was added to Bisq in V1.5.4.
+Wise is a web- and app-based money transfer service that supports multiple currencies. Wise to Wise payments allow users to send payment from any supported currency to any other supported currency. Payments utilize the Wise multi-currency account. This is available for users in most countries. [[Wise]] was added to Bisq in V1.5.4.
-TransferWise-USD is for sending and receiving USD payments.
+Wise-USD is for sending and receiving USD payments.
-== Where can I find out more about TransferWise-USD? ==
+== Where can I find out more about Wise-USD? ==
 Due US banking regulation, sending / receiving USD payments has more restrictions than most other currencies. This is the reason USD was not added to [[TransferWise|TW-TW]] payment method. For reference see:
-* [https://transferwise.com/help/articles/2810318/why-cant-i-get-usd-account-details Can I get USD account details?]
+* [https://wise.com/help/articles/2810318/why-cant-i-get-usd-account-details Can I get USD account details?]
-* [https://transferwise.com/help/articles/2946451/sending-usd-to-countries-outside-the-us Sending US dollars to countries outside the US]
+* [https://wise.com/help/articles/2946451/sending-usd-to-countries-outside-the-us Sending US dollars to countries outside the US]
-* [https://transferwise.com/help/articles/2974947/what-countries-can-i-send-usd-to What countries can I send USD to?]
+* [https://wise.com/help/articles/2974947/what-countries-can-i-send-usd-to What countries can I send USD to?]
-* [https://transferwise.com/help/articles/2932105/can-i-send-money-to-someone-with-only-their-email-address Can I send money to someone with only their email address?]
+* [https://wise.com/help/articles/2932105/can-i-send-money-to-someone-with-only-their-email-address Can I send money to someone with only their email address?]
-== What countries are available for TransferWise-USD? ==
+== What countries are available for Wise-USD? ==
-Anyone with a TransferWise account can use TransferWise-USD.
+Anyone with a Wise account can use Wise-USD.
-== What currencies are available for TransferWise-USD? ==
+== What currencies are available for Wise-USD? ==
 USD only.
-== What is the maximum trading duration for TransferWise-USD? ==
+== What is the maximum trading duration for Wise-USD? ==
 The maximum trade time is 4 days.
-== What is the maximum BTC limit for an TransferWise-USD trade? ==
+== What is the maximum BTC limit for an Wise-USD trade? ==
 .125 BTC.
-== Is TransferWise-USD a payment method that can be signed? ==
+== Is Wise-USD a payment method that can be signed? ==
-No, TransferWise-USD accounts do not require signing.
+No, Wise-USD accounts do not require signing.
-== How do I set up a TransferWise-USD account? ==
+== How do I set up a Wise-USD account? ==
 Set up an account with https://wise.com/
-== How do I add TransferWise-USD as a payment method in Bisq? ==
+== How do I add Wise-USD as a payment method in Bisq? ==
-It is easy to add your TransferWise-USD account to Bisq.
+It is easy to add your Wise-USD account to Bisq.
 # Go to the top menu in Bisq and select Account.
 # Then select National Currency Accounts.
 # Click add new account
-# Select TransferWise-USD
+# Select Wise-USD
 # Complete the details
-# Choose to use a custom account name this helps makes it easier for you to manage multiple payment methods in Bisq (this will be visible only to you, for example: TransferWise-USD - USD - John Doe)
+# Choose to use a custom account name this helps makes it easier for you to manage multiple payment methods in Bisq (this will be visible only to you, for example: Wise-USD - USD - John Doe)
 # Click save new account
 Make sure all the details are correct when you add.
-{{Admonition_Warn|Due US banking regulation, sending and receiving USD payments has more restrictions than most other currencies. For this reason USD was not added to Bisq TransferWise payment method.
+{{Admonition_Warn|Due US banking regulation, sending and receiving USD payments has more restrictions than most other currencies. For this reason USD was not added to Bisq Wise payment method.
-The TransferWise-USD payment method allows Bisq users to trade in USD.
+The Wise-USD payment method allows Bisq users to trade in USD.
-Anyone with a Wise, formally TransferWise account, can add TransferWise-USD as a payment method in Bisq. This will allow them to buy and sell BTC with USD.
+Anyone with a Wise, formally Wise account, can add Wise-USD as a payment method in Bisq. This will allow them to buy and sell BTC with USD.
-When trading on Bisq BTC Buyers should not use any reference for reason for payment. If reason for payment is required they should only use the full name of the TransferWise-USD account owner.}}
+When trading on Bisq BTC Buyers should not use any reference for reason for payment. If reason for payment is required they should only use the full name of the Wise-USD account owner.}}
-== How do I buy BTC with my TransferWise-USD account? ==
+== How do I buy BTC with my Wise-USD account? ==
-You can buy BTC with TransferWise-USD on Bisq in 2 waysː
+You can buy BTC with Wise-USD on Bisq in 2 waysː
 # Make an offer to buy BTC on the USD market.
 # Take an offer to buy BTC on the USD market.
-When the offer is confirmed Bisq will provide you with the BTC Sellers TransferWise-USD details for you to complete the payment. You should send payment immediately and confirm you have done so in Bisq by clicking 'payment started'.
+When the offer is confirmed Bisq will provide you with the BTC Sellers Wise-USD details for you to complete the payment. You should send payment immediately and confirm you have done so in Bisq by clicking 'payment started'.
 If you have the option to include a payment reference please leave it blank. If your bank requires one, please just use your name that matches your bank account.
@@ Line 73: / Line 73: @@
 Once the BTC Seller receives your payment they will confirm in Bisq and your security deposit and your purchased trade amount will be available in your wallet.
-{{Admonition_Warn|Please send payment only to the email address in the BTC Seller's Bisq TransferWise-USD account. Please leave the payment description blank}}
+{{Admonition_Warn|Please send payment only to the email address in the BTC Seller's Bisq Wise-USD account. Please leave the payment description blank}}
-== How do I sell BTC with my TransferWise-USD account? ==
+== How do I sell BTC with my Wise-USD account? ==
-You can sell BTC with TransferWise-USD on Bisq in 2 waysː
+You can sell BTC with Wise-USD on Bisq in 2 waysː
 # Make an offer to sell BTC on the USD market.
 # Take an offer to sell BTC on the USD market.
-When the offer is confirmed Bisq will provide with the BTC Buyer with your TransferWise-USD details for you to complete the payment. They should send payment at their first opportunity and confirm they have done so in Bisq by clicking 'payment started'.
+When the offer is confirmed Bisq will provide with the BTC Buyer with your Wise-USD details for you to complete the payment. They should send payment at their first opportunity and confirm they have done so in Bisq by clicking 'payment started'.
 Once you receive payment from the BTC Buyer you should confirm payment has been received in Bisq. One you have done this the BTC Buyer will receive their funds and you will receive your security deposit back.
-{{Admonition_Warn|Please check that the payment received matches the BTC Buyer's name of the TransferWise-USD account in Bisq.}}
+{{Admonition_Warn|Please check that the payment received matches the BTC Buyer's name of the Wise-USD account in Bisq.}}
-== Are there any limits for me to be aware of when using my TransferWise-USD account? ==
+== Are there any limits for me to be aware of when using my Wise-USD account? ==
 No
-== Are there any fees for me to be aware of when using my TransferWise-USD account? ==
+== Are there any fees for me to be aware of when using my Wise-USD account? ==
 ~small fee of about $0.25 for all sending transactions
 ~0.25% if not funding payment using USD.
-== How does dispute resolution when trading with TransferWise-USD? ==
+== How does dispute resolution when trading with Wise-USD? ==
 If a dispute occurs the mediator may ask the buyer to send them information showing that they made the payment of the correct amount to the BTC Seller within the correct time frame.

← Older revision	Revision as of 05:22, 19 December 2024
(No difference)

← Older revision		Revision as of 22:52, 22 November 2021
Line 89:		Line 89:

	== Are there any limits for me to be aware of when using my TransferWise-USD account? ==		== Are there any limits for me to be aware of when using my TransferWise-USD account? ==
		+
		+	No

	== Are there any fees for me to be aware of when using my TransferWise-USD account? ==		== Are there any fees for me to be aware of when using my TransferWise-USD account? ==